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1240 Bay Street

1240 Bay Street, Florence, OR 97439
Property in Lane
Local assessors in Florence, OR have categorized 1240 Bay Street as a commercial type of property. The property's lot size has been calculated to be 1,799 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1240 Bay Street sold most recently in Feb 10, 2017 for a total of $285,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,559 in taxes each year. 1240 Bay Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $115,397. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,799
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.041
  • Standard Land Use Code: Commercial building
  • Legal Description 1: TL 00500

Ownership

  • Current Owner : STONE FAMILY LLC
  • Previous Owner : SIERRA KENNETH ROLF
  • Previous Owner 2: SIERRA LINDA DIANE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Siuslaw School District 97J
  • Census Tract: 000707

Zoning

  • Zoning: OTAA

Geography

  • Assessors Map Reference: 1812341400500
  • Account Number: 0803948
  • Parcel: 0803948
  • Lot: 500
  • Meridian: SEC 34 TWN 18 RNG 12
  • Municipality: SIUSLAW
  • Latitude: 43.9662
  • Longitude: -124.108

    Address

  • Full Address: 1240 Bay St
  • Address - House Number: 1240
  • Address - Street Name: Bay
  • Address - Suffix Type: St
  • State: OR
  • City Name: Florence
  • Carrier Code: R007
  • 4-Digit Zip Code: 9648
  • Zip Code: 97439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,559
  • Tax Rate Code Area: 09709

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,000
  • First Open Lien Mortgage Lender: KENNETH ROLF SIERRA ETAL
  • First Open Lien Mortgage Recording Date: Feb 22, 2017
  • First Open Lien Mortgage Loan Amount: $210,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2027
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $330,116
  • Market Land Value: $87,858
  • Market Improvement Value: $242,258

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $115,397

    Sales

  • Current Sale Contract Date: Feb 10, 2017
  • Current Sale Recording Date: Feb 22, 2017
  • Current Sale Transaction ID: 1974592904
  • Current Sale Price: $285,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2017-008958

    Last Sale Mortgage

  • First Mortgage Lender: KENNETH ROLF SIERRA ETAL
  • First Mortgage Transaction Date: Feb 22, 2017
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Feb 01, 2027

About Florence



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Frequently Asked Questions

What neighborhood is 1240 Bay Street located in?
The 1240 Bay Street is a located in the neighborhood of Lane in Florence, Florence.
What is the average sales price for listings in 1240 Bay Street?
The average sales price for units in 1240 Bay Street is $0 currently.

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